Refer to Figure 2.1. At point A, demand is:
A) completely inelastic.
B) inelastic, but not completely inelastic.
C) unit elastic.
D) elastic, but not infinitely elastic.
E) infinitely elastic.
E
Economics
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An increase in disposable income will shift the aggregate demand curve to the right
Indicate whether the statement is true or false
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Which of the following does not influence the natural rate of unemployment in the U.S.?
A) demographics B) the natural rate in Europe and Japan C) the composition of the labor force D) surprises in productivity growth
Economics